Global Self Storage, Inc. Files DEF 14A with Executive Compensation Details

TL;DR

<b>Global Self Storage, Inc. has filed a DEF 14A proxy statement detailing executive compensation and corporate governance information.</b>

AI Summary

Global Self Storage, Inc. (SELF) filed a Proxy Statement (DEF 14A) with the SEC on April 26, 2024. Filing type is DEF 14A, indicating proxy statement details. Company name is Global Self Storage, Inc. with ticker SELF. Fiscal year end is December 31st. Business address is 3814 Route 44, Millbrook, NY 12545. The filing includes details on equity component of capital for PEO and Non-PEO members across multiple years.

Why It Matters

For investors and stakeholders tracking Global Self Storage, Inc., this filing contains several important signals. This filing is a DEF 14A, which is crucial for shareholders to understand executive compensation, director elections, and other corporate governance matters before annual meetings. The detailed breakdown of equity component of capital for different member types (PEO, Non-PEO) and award types provides insight into the company's incentive structures and how executive pay is tied to performance and equity value.

Risk Assessment

Risk Level: low — Global Self Storage, Inc. shows low risk based on this filing. The filing is a standard DEF 14A, providing routine disclosures on executive compensation and corporate governance, with no immediate red flags or significant new financial information presented.

Analyst Insight

Shareholders should review the executive compensation tables and related disclosures to understand pay structures and potential impacts on stock value.

Key Numbers

• 2024-04-26 — Filing Date (DEF 14A filing date)
• 1231 — Fiscal Year End (Company's fiscal year end)
• 001-12681 — SEC File Number (SEC file number for the company)
• 24883344 — Film Number (Film number for the filing)

Key Players & Entities

• Global Self Storage, Inc. (company) — Filer name
• SELF (company) — Ticker symbol
• 2024-04-26 (date) — Filing date
• 3814 ROUTE 44 (address) — Business street address
• MILLBROOK (address) — Business city
• NY (address) — Business state
• 12545 (address) — Business zip code
• MD (state) — State of incorporation

FAQ

Industry Context

Global Self Storage operates within the Real Estate Investment Trusts (REITs) sector, specifically focusing on self-storage facilities.

Regulatory Implications

The filing is a DEF 14A, which is a type of proxy statement required by the SEC for publicly traded companies to solicit proxies from shareholders for annual or special meetings.

What Investors Should Do

1. Review the detailed executive compensation tables for PEO and Non-PEO members.
2. Analyze the equity award components and their fair value calculations for the fiscal years 2021-2023.
3. Understand the company's corporate governance structure as outlined in the proxy statement.

Year-Over-Year Comparison

This filing is a DEF 14A, which typically contains information on executive compensation and corporate governance, rather than financial performance updates found in quarterly or annual reports.

Key Financial Figures

• $12.2 million — nclude: Record-high total revenues of $12.2 million with year-over-year growth of 2.1%. N
• $2.9 m — er-year growth of 2.1%. Net income of $2.9 million, up from $2.1 million last year.
• $2.1 million — . Net income of $2.9 million, up from $2.1 million last year. Record-high same-store rev
• $16.34 — ed square foot, which increased 2.4% to $16.34. FFO of $4.2 million or $0.38 per dil
• $4.2 million — hich increased 2.4% to $16.34. FFO of $4.2 million or $0.38 per diluted share. AFFO of $
• $0.38 — .4% to $16.34. FFO of $4.2 million or $0.38 per diluted share. AFFO of $4.4 milli
• $4.4 million — n or $0.38 per diluted share. AFFO of $4.4 million or $0.40 per diluted share. Maintaine
• $0.40 — iluted share. AFFO of $4.4 million or $0.40 per diluted share. Maintained and cov
• $0.29 — ined and covered our annual dividend of $0.29 per common share. Peer leading averag
• $24.3 million — et. Strong balance sheet comprised of $24.3 million in capital resources for executing our

Filing Documents

• self-20240426.htm (DEF 14A) — 748KB
• img19118505_0.jpg (GRAPHIC) — 23KB
• img19118505_1.jpg (GRAPHIC) — 23KB
• img19118505_2.jpg (GRAPHIC) — 23KB
• img19118505_3.jpg (GRAPHIC) — 146KB
• img19118505_4.jpg (GRAPHIC) — 150KB
• img19118505_5.jpg (GRAPHIC) — 56KB
• img19118505_6.jpg (GRAPHIC) — 64KB
• 0000950170-24-049061.txt (&nbsp;) — 2733KB
• self-20240426.xsd (EX-101.SCH) — 36KB
• self-20240426_htm.xml (XML) — 294KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 15

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 23 Certain Relationships and Related PARTY Transactions 25 ADDITIONAL INFORMATION 26 ix o _________________________ PROXY STATEMENT _________________________ Annual Meeting of Stockholders To Be Held on June 5, 2024 INTRODUCTION This Proxy Statement is furnished in connection with the solicitation of proxies by the board of directors (the "Board") of Global Self Storage, Inc., a Maryland corporation (the "Company," "we," "our," or "us"), to be voted at the Annual Meeting of Stockholders of the Company to be held on June 5, 2024 at 11:00 a.m. ET (such meeting and any adjournment(s) or postponement(s) thereof are referred to collectively as the "Meeting") via a live audio webcast only at www.virtualshareholdermeeting.com/SELF2024 . As always, we encourage you to authorize a proxy to vote your shares prior to the Meeting. We will not hold a physical, in-person Meeting. Instead, the Meeting will be held in a virtual meeting format only using an audio webcast. It is not necessary to attend the Meeting to vote your shares. To authorize a proxy to vote your shares by mail, mark your vote on the proxy card and follow the mailing directions on the card. To authorize a proxy to vote your shares by telephone or electronically using a smartphone, a tablet or the internet, follow the instructions on the proxy card. Whether or not you expect to attend the Meeting, we encourage you to authorize a proxy to vote your shares as soon as possible, in case you later decide not to attend the Meeting. Stockholders of record as of the close of business on the record date for the Meeting who wish to attend the virtual meeting must use the following link on the day of the Meeting: www.virtualshareholdermeeting.com/SELF2024 . Upon accessing the link, stockholders must enter the control number found on their proxy card, voting instruction form or notice. Otherwise, admittance to the Meeting will

View Full Filing

View this DEF 14A filing on SEC EDGAR